Citing changes in the depth and timing of an expected slowdown in the U.S. economy, CBRE hospitality experts are predicting a deceleration in demand for hotel guestrooms now through 2020 and have lowered forecasts for RevPAR. The good news is the outlook for 2021 has...
Are you in the contracting business and trying to understand the different bonds that you may need on a project? Many people do not realize that construction surety bonds have been around since ancient times, but that does not mean that everyone is familiar with how...
UBS Asset Management’s Real Estate & Private Markets, one of the largest asset managers of commercial real estate, just released its latest report. The study, which outlines how the change in the global economy has and will impact commercial real estate around the...
You’d have to be living on the moon not to know that hourly construction workers are getting scarcer. But the magnitude of this labor shortage is writ large in a recent survey, released this week by Autodesk and the Associated General Contractors of America (AGC),...
Stakeholders across the seniors housing sector have been keeping a careful eye on the robust construction pipeline that has been bringing new supply and increased competition to many metros across the country. Yet results from the sixth annual NREI/NIC seniors housing...
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